Yo, fellow degens! Long time lurker, first-time poster here. Been diving deep into the Solana shitcoin ocean for a while, and boy, is it a wild ride these days, especially with all the shitty pump.fun tokens.

So in the upcoming days, I wanna share some strategies I’ve picked up for trading these volatile little bastards without losing your shirt (or your mind).

First things first: THIS IS NOT FINANCIAL ADVICE. Only play with money you can afford to flush down the toilet.

Now, let’s get into the juicy stuff.

Simple Trading: The Art of the Quick Flip

When you’re dealing with Solana shitcoins, you gotta be quicker than a cat on a hot tin roof. Here’s how I approach it:

1. Find Your Target: Use tools like dexscreener or birdeye to spot newly launched tokens. Look for ones with decent liquidity (I only touch ones with at least $3000 in liquidity) and some trading volume.

2. Check the Ticker: Make sure you’ve got the right token. These devs are sneaky – When I was starting to trade Solana shitcoins I aped into $WIF thinking it was the real deal, only to find out it was a different $WIF that got rugged. Luckily, I didn’t lose much, but still… Don’t be me.

3. Set Your Amount: Decide how much SOL you’re willing to gamble. I usually go with 0.1 to 1 SOL, depending on how degen I’m feeling that day.

4. Execute the Trade: Once you’ve found your shitcoin of choice, execute the trade quickly. Remember, in this game, seconds can mean the difference between going to the moon and getting rekt.

Auto Sell: Your Safety Net in the Shitcoin Sea

Now, here’s where it gets interesting. Manual trading is fun and all, but unless you want to be glued to your screen 24/7, you need a strategy to take profits and cut losses automatically. Enter: Auto Sell.

Here’s how I set it my simple strategy:

1. Enable Auto Sell: After buying, immediately set up your auto sell parameters. This is crucial – I’ve seen too many degens forget this step and watch their 100x gains turn into dust.

2. Set Profit Percentage: Decide how greedy you wanna be. I usually go for small gains (5-30% profit). Remember, pigs get fat, hogs get slaughtered.

3. Set Loss Percentage: This is your “oh shit” button. I typically set it to the same as my profit percentage. So if I’m aiming for small gains, I’ll set my stop loss at the lower end, meaning around 5-10% too, so I minimize the loss.

4. Partial Auto Sell: Some advanced degens use a grid strategy, selling portions at different profit levels. But for you smooth brains, a simple “sell it all” at our target works fine. (Don’t worry, I’ll cover the advances strategies in upcoming guides in the next few days)

Here’s a real example from a trade from a few hours ago that utilized autosell:

• Bought 1 SOL worth of $PssyMnstr (yeah, the name, I know). Purchase tx: https://solscan.io/tx/Z15DPKXdc8ixjgXikr9DjXezHjmwLzuAnKLjv6YsTmusEkUXj9wvNFySH4aZ2FS9tTjsAp6KRxhrLYPZqf5Ldut

• Set Auto Sell to 10% profit, 5% loss

• Went to pee

• Came back to find the bot sold at 10% profit. Sell tx: https://solscan.io/tx/Z15DPKXdc8ixjgXikr9DjXezHjmwLzuAnKLjv6YsTmusEkUXj9wvNFySH4aZ2FS9tTjsAp6KRxhrLYPZqf5Ldut

• The price went up and down all day, but the stop sell saved me from my emotional trading

Result: Turned 1 SOL into 1.1 SOL in about 5 minutes. Not too shabby for a degen, eh? Doing this multiple times and you have cumulative growth.

The best thing? The stop loss, presents you from losing much even if the token starts dipping in price.

The Degen Philosophy

Remember, in the world of Solana shitcoins, you’re not investing – you’re gambling with a sprinkle of strategy. Don’t get emotionally attached to any coin, no matter how cute the cat or dog on the logo is.

The key is to get in, set your auto sell, and get out. Treat it like a game of hot potato – hold too long, and you’ll get burned.

And for the love of all that is holy, NEVER turn off your auto sell because you think the coin is “going to the moon”. That’s how bags are created, my friends.

In my upcoming guides I’ll explain you more sophisticated auto sell strategies that can help you maximise your profits and minimize the risks.

So stay tunes!

And happy trading, you beautiful degens. May your gains be high and your rugs be few. And remember, if you’re not using a script or bot for this stuff, you’re playing checkers while the rest of us are playing 4D chess. But that’s a guide for another day.

Peace out, and may the Solana gods smile upon your wallets!